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Physical Rubber prices witness weakness on Saturday

28 Nov 2022 Evaluate
Physical Rubber prices witnessed some weakness on Saturday amid lower demand at domestic as well as overseas markets following growing fears over a potential global recession, while China’s worst Covid-19 outbreak and protests also dampened rubber prices globally. 

Spot prices for RSS-4 variety declined to Rs 145.50/ kg compared to its previous closing of Rs 146/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 142.50/ kg.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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